Nithin Kamath said in a series of tweets he did not expect that it would receive such attention. 4/7 — Nithin Kamath (@Nithin0dha) May 30, 2021This de-risking is something that we are enabling for everyone on our team through our ESOP buyback. 5/7 — Nithin Kamath (@Nithin0dha) May 30, 2021We believe that building sustainable businesses & paying taxes is a great step in contributing to society and the nation. 7/7 — Nithin Kamath (@Nithin0dha) May 30, 2021“While the actual salary will be lower, it will still be high compared to the norm. The announcement that Zerodha founders Nithin Kamath, Nikhil Kamath and Seema Patil each shall now draw a salary of up to ₹100 crore each every year was made through a special resolution passed by the stock brokerage firm’s board.

Source: Hindustan Times May 30, 2021 10:41 UTC